WAKEFERN FOOD CORPORATION 401(K) SAVINGS PLAN

At the end of 2022, the total retirement plan assets of WAKEFERN FOOD CORPORATION 401(K) SAVINGS PLAN is $362,331,470.This plan was established in 1983.

At the end of 2022, the total number of retirement plan participants in WAKEFERN FOOD CORPORATION 401(K) SAVINGS PLAN is 2385

In 2022, the average participant retirement account value for WAKEFERN FOOD CORPORATION 401(K) SAVINGS PLAN is $151,920

In 2022, the estimated average employee contribution amount per participant for WAKEFERN FOOD CORPORATION 401(K) SAVINGS PLAN is $7,161

In 2022, the estimated average employer match for an employee in WAKEFERN FOOD CORPORATION 401(K) SAVINGS PLAN is approximately $3,504

In 2022, WAKEFERN FOOD CORPORATION 401(K) SAVINGS PLAN allocates $8,358,052 to match its employees’ contributions, providing an employer match rate of 48.94% of their contributions

In 2022, the total retirement plan asset growth rate of WAKEFERN FOOD CORPORATION 401(K) SAVINGS PLAN is -22.15%

In 2022, the estimated aggregate retirement account investment gain/loss for WAKEFERN FOOD CORPORATION 401(K) SAVINGS PLAN is -17.85%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of WAKEFERN FOOD CORPORATION 401(K) SAVINGS PLAN is 0.00%.

Enrollment Features

WAKEFERN FOOD CORPORATION 401(K) SAVINGS PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.